Posts tagged with "bsa/aml"

Auditing Your Payments and BSA/AML Program for Elder Financial Exploitation Gaps

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Today, elder financial exploitation has increased based on the significant wealth in the elder population.  Regulatory expectations have also increased based on the impact of this type of crime.

This session will focus on the basics of elder financial exploitation, federal rules and regulations, specific state laws, and an outline detailing focal areas for verifying compliance with regulatory guidance and expectations including your payments programs and BSA/AML. Best Business Practice Document – As a best business practice take-away, this session will include a white paper written by the speaker of this webinar on auditing a financial institution’s elder financial exploitation program.

Topics Covered:

  • Elder Financial Exploitation exposure
  • Regulatory Guidance and Expectations
  • CFPB Guidance on Elder Financial Exploitation
  • Auditing Systems to identify elder financial exploitation
  • Reviewing Training requirements
  • Auditing first line of defense areas to identify elder financial exploitation
  • Reviewing fraud prevention plans

Who Should Attend?

  • Internal Auditors
  • Compliance Officers
  • Risk Managers
  • Deposit Operations
  • Branch Management
  • Senior Management

Pricing

$249 for Webinar and Playback*
*Playback has no expiration and may be shared internally. Event previously recorded.

Dates of Event

Wednesday, February 27, 2019

  • 2:00 – 3:00 pm (Eastern Time)
  • 1:00 – 2:00 pm (Central Time)
  • 12:00 – 1:00 pm (Mountain Time)
  • 11:00 – 12:00 pm (Pacific Time)

Credits

  • 1.2 AAP Credits
  • 1.0 CPE Credits

Your Speaker(s)

Terri Sands AAP
Founder, Secura Risk Management
Terri Sands

About the Speaker

Throughout her career, Terri has served as a leader in the payments and fraud prevention industry, providing education, risk management and compliance consulting and support services geared toward the specific needs of financial organizations. Terri serves as the Director of the Financial Investigative Unit for State Bank & Trust in Atlanta, Georgia where she is responsible for BSA/AML, physical security, fraud prevention, and payments risk management.

Terri is an Advanced Certified Anti-Money Laundering Specialist, an At-Risk Adult Crime Specialist and an Accredited ACH Professional. Prior to founding Secura, Terri served as co-founder of Payments Information Circle (PIC), Prior to her work at PIC, Terri served as the President of GACHA, a non-profit, regional payments association. Terri began her career in payments as a Senior Analyst with the Federal Reserve Bank of Atlanta where she provided training throughout the Sixth District and served on the Federal Reserve ACH Conversion Team that consolidated ACH Services for all branch locations in the Sixth District. Terri has been an instructor for BankersHub for almost ten years.

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Auditing Your Payments and BSA/AML Program for Elder Financial Exploitation Gaps

Register Now

Today, elder financial exploitation has increased based on the significant wealth in the elder population.  Regulatory expectations have also increased based on the impact of this type of crime.

This session will focus on the basics of elder financial exploitation, federal rules and regulations, specific state laws, and an outline detailing focal areas for verifying compliance with regulatory guidance and expectations including your payments programs and BSA/AML. Best Business Practice Document – As a best business practice take-away, this session will include a white paper written by the speaker of this webinar on auditing a financial institution’s elder financial exploitation program.

Topics Covered:

  • Elder Financial Exploitation exposure
  • Regulatory Guidance and Expectations
  • CFPB Guidance on Elder Financial Exploitation
  • Auditing Systems to identify elder financial exploitation
  • Reviewing Training requirements
  • Auditing first line of defense areas to identify elder financial exploitation
  • Reviewing fraud prevention plans

Who Should Attend?

  • Internal Auditors
  • Compliance Officers
  • Risk Managers
  • Deposit Operations
  • Branch Management
  • Senior Management

Pricing

$249 for Webinar and Playback*
*Playback has no expiration and may be shared internally. Event previously recorded.

Dates of Event

Monday, December 3, 2018

  • 2:00 – 3:00 pm (Eastern Time)
  • 1:00 – 2:00 pm (Central Time)
  • 12:00 – 1:00 pm (Mountain Time)
  • 11:00 – 12:00 pm (Pacific Time)

Credits

  • 1.2 AAP Credits
  • 1.0 CPE Credits

Your Speaker(s)

Terri Sands AAP
Founder, Secura Risk Management
Terri Sands

About the Speaker

Throughout her career, Terri has served as a leader in the payments and fraud prevention industry, providing education, risk management and compliance consulting and support services geared toward the specific needs of financial organizations. Terri serves as the Director of the Financial Investigative Unit for State Bank & Trust in Atlanta, Georgia where she is responsible for BSA/AML, physical security, fraud prevention, and payments risk management.

Terri is an Advanced Certified Anti-Money Laundering Specialist, an At-Risk Adult Crime Specialist and an Accredited ACH Professional. Prior to founding Secura, Terri served as co-founder of Payments Information Circle (PIC), Prior to her work at PIC, Terri served as the President of GACHA, a non-profit, regional payments association. Terri began her career in payments as a Senior Analyst with the Federal Reserve Bank of Atlanta where she provided training throughout the Sixth District and served on the Federal Reserve ACH Conversion Team that consolidated ACH Services for all branch locations in the Sixth District. Terri has been an instructor for BankersHub for almost ten years.

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BSA Bank Secrecy Act: 2018/2019 Reporting Requirements

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Anti Money Laundering AML ImageReal or perceived, over the last several years regulatory expectations have been heightened. As we enter 2018, and embark in a new year, what can we expect regarding Bank Secrecy Act (BSA) reporting expectations? The BSA requires that financial institutions have AML Programs that are “reasonably designed” to maintain appropriate records and file certain reports involving currency transactions and a financial institution’s customer relationships. Currency Transaction Reports (CTRs) and Suspicious Activity Reports (SARs) are the primary means used by banks to satisfy the requirements of the BSA.

As set forth in the introduction of the BSA, the regulations were originally intended to aid investigations into an array of criminal activities, from income tax evasion to money laundering. Law enforcement agencies have found CTRs to be extremely valuable in tracking the huge amounts of cash generated by individuals and entities for illicit purposes. SARs used by financial institutions to report identified or suspected illicit or unusual activities are likewise extremely valuable to law enforcement agencies.

The biggest failure of an AML Program is the failure to file or to adequately file SARs. As we wrap up 2018 and begin a new year, it’s a good opportunity to assess BSA reporting expectations and to address the question of how to define a “reasonably defined” BSA/AML Program.

This insightful BSA webinar will discuss the following points:

  • Purpose and evolution of the BSA
  • Overview of BSA reports and requirements
  • Benefits of BSA reporting to law enforcement
  • Measuring regulatory expectations for BSA reporting

Pricing

$249 for Webinar and Playback*
*Playback has no expiration and may be shared internally

Dates of Event

Wednesday, September 26, 2018

  • 2:00 – 3:00 pm (Eastern Time)
  • 1:00 – 2:00 pm (Central Time)
  • 12:00 – 1:00 pm (Mountain Time)
  • 11:00 – 12:00 pm (Pacific Time)

Credits

1.2 AAP Credits
1.0 CPE Credits

Your Speaker(s)

Dennis Lormel
Founder, DML Associates

About the Speaker

Dennis M. Lormel is a recognized subject matter expert in the anti-money laundering, terrorist financing, and fraud communities. Mr. Lormel is an accomplished speaker and is routinely engaged to provide training at industry conferences. In addition, he frequently participates in media interviews that reach both the U.S. and international markets. This exposure and his vast experience in the law enforcement and consulting fields have afforded him the opportunity to develop a unique and diverse network of colleagues and clients.

After the tragedy of 9/11, Mr. Lormel realized that the terrorists needed a financial infrastructure to accomplish the attacks. He immediately established an investigative organization within the FBI that, within days, identified the funding stream that supported these attacks. This is but one example of his expertise in assessing and establishing viable and effective recommendations that produce results.

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Auditing Your Payments and BSA/AML Program for Elder Financial Exploitation Gaps

Register Now

Today, elder financial exploitation has increased based on the significant wealth in the elder population.  Regulatory expectations have also increased based on the impact of this type of crime.

This session will focus on the basics of elder financial exploitation, federal rules and regulations, specific state laws, and an outline detailing focal areas for verifying compliance with regulatory guidance and expectations including your payments programs and BSA/AML. Best Business Practice Document – As a best business practice take-away, this session will include a white paper written by the speaker of this webinar on auditing a financial institution’s elder financial exploitation program.

Topics Covered:

  • Elder Financial Exploitation exposure
  • Regulatory Guidance and Expectations
  • CFPB Guidance on Elder Financial Exploitation
  • Auditing Systems to identify elder financial exploitation
  • Reviewing Training requirements
  • Auditing first line of defense areas to identify elder financial exploitation
  • Reviewing fraud prevention plans

Who Should Attend?

  • Internal Auditors
  • Compliance Officers
  • Risk Managers
  • Deposit Operations
  • Branch Management
  • Senior Management

Pricing

$249 for Webinar and Playback*
*Playback has no expiration and may be shared internally. Event previously recorded.

Dates of Event

Monday, July 9, 2018

  • 2:00 – 3:00 pm (Eastern Time)
  • 1:00 – 2:00 pm (Central Time)
  • 12:00 – 1:00 pm (Mountain Time)
  • 11:00 – 12:00 pm (Pacific Time)

Credits

  • 1.2 AAP Credits
  • 1.0 CPE Credits

Your Speaker(s)

Terri Sands AAP
Founder, Secura Risk Management
Terri Sands

About the Speaker

Throughout her career, Terri has served as a leader in the payments and fraud prevention industry, providing education, risk management and compliance consulting and support services geared toward the specific needs of financial organizations. Terri serves as the Director of the Financial Investigative Unit for State Bank & Trust in Atlanta, Georgia where she is responsible for BSA/AML, physical security, fraud prevention, and payments risk management.

Terri is an Advanced Certified Anti-Money Laundering Specialist, an At-Risk Adult Crime Specialist and an Accredited ACH Professional. Prior to founding Secura, Terri served as co-founder of Payments Information Circle (PIC), Prior to her work at PIC, Terri served as the President of GACHA, a non-profit, regional payments association. Terri began her career in payments as a Senior Analyst with the Federal Reserve Bank of Atlanta where she provided training throughout the Sixth District and served on the Federal Reserve ACH Conversion Team that consolidated ACH Services for all branch locations in the Sixth District. Terri has been an instructor for BankersHub for almost ten years.

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Elder Financial Exploitation Program: Documentation is Now a BSA/AML Requirement!

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In March 2016, the Consumer Financial Protection Bureau published an Advisory for Financial Institutions on Recommendations for financial institutions on preventing and responding to elder financial exploitation. This guidance was published for the purpose of outlining how a financial institution should identify and respond to elder financial exploitation. Since this advisory, regulators have begun requesting financial institutions elder financial exploitation programs and requesting how financial institutions are responding to this type of crime. In addition, FinCEN also stresses to financial institutions to include elder financial exploitation on suspicious activity reports.

This online fraud prevention banking webinar will focus on three important areas of regulatory expectations as it relates to Elder Financial Exploitation: 

  • Fundamentals of Elder Financial Exploitation
  • Best business practices for documenting your Elder Financial Exploitation Policy/Program
  • Consumer Financial Protection Bureau (CFPB) Regulatory Guidance from March 2016 and August 2016
  • BSA/AML Regulatory expectations
  • Financial institution training recommendations
  • Best business practices for working with law enforcement and Department of Aging Services

Pricing

$249 for Webinar and Playback*
*Playback has no expiration and may be shared internally. This event was previously recorded

Dates of Event

Monday, June 4, 2018

  • 12:00 – 1:00 pm (Eastern Time)
  • 11:00 – 12:00 pm (Central Time)
  • 10:00 – 11:00 am (Mountain Time)
  • 9:00 – 10:00 am (Pacific Time)

Credits

  • 1.2 AAP Credits
  • 1.0 CPE Credits

Your Speaker(s)

Terri Sands AAP CAMS
Founder, Secura Risk Management

About the Speaker

Throughout her career, Terri has served as a leader in the payments and fraud prevention industry, providing education, risk management and compliance consulting and support services geared toward the specific needs of financial organizations. Terri serves as the Director of the Financial Investigative Unit for State Bank & Trust in Atlanta, Georgia where she is responsible for BSA/AML, physical security, fraud prevention, and payments risk management.

Terri is an Advanced Certified Anti-Money Laundering Specialist, an At-Risk Adult Crime Specialist and an Accredited ACH Professional. Prior to founding Secura, Terri served as co-founder of Payments Information Circle (PIC), Prior to her work at PIC, Terri served as the President of GACHA, a non-profit, regional payments association. Terri began her career in payments as a Senior Analyst with the Federal Reserve Bank of Atlanta where she provided training throughout the Sixth District and served on the Federal Reserve ACH Conversion Team that consolidated ACH Services for all branch locations in the Sixth District. Terri has been an instructor for BankersHub for almost ten years.

Register Now Pay by Check

Beneficial Ownership Program Requirements: New Rule and Regulatory Expectations

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Today’s BSA/AML Program has a regulatory requirement to comply with four pillars of AML.  In May 2018, this new Rule will become effective impacting how financial institutions capture information during the account opening process.  The proposed new rule on beneficial ownership adds a fifth pillar requirement that will expand the current customer due diligence program.  This webinar will review the new requirement, provide practical methods for complying and provide best business practices for training your front line to obtain the information without adding significant amounts of time to the new account opening process.

This session will cover:

  • Overview of Beneficial Ownership Proposed Rule
  • Best Business Practices for Training and Ongoing Internal Control Management
  • Inclusion of Beneficial Ownership into your current BSA/AML Program
  • Ongoing Training Tips for Advising Your Board of Directors on the impact of this new Rule
    and ongoing reporting of the effectiveness of the fifth pillar requirement

Pricing

$249 for Webinar and Playback*
*Playback has no expiration and may be shared internally. Portions previously recorded.

Date of Event

Thursday, April 26, 2018

  • 2:00 – 3:00 pm (Eastern Time)
  • 1:00 – 2:00 pm (Central Time)
  • 12:00 – 1:00 pm (Mountain Time)
  • 11:00 – 12:00 pm (Pacific Time)

Credits

  • 1.2 AAP Credits
  • 1.0 CPE Credits

Your Speaker(s)

Terri Sands AAP CAMS
Founder, Secura Risk Management

About the Speaker

Terri Sands is a recognized leader in the Payments industry with decades of hands-on experience in payments compliance, risk management and more. She founded Secura Risk Management 8 years ago to deliver education, consulting and auditing services in the areas of payments risk management (ACH, RDC, Wire Transfer, Debit Cards), BSA/AML, fraud prevention, and physical security for financial institutions and FinTech companies. 

Terri is also Director of Payments Risk Management at State Bank & Trust (GA). Previously, she was Managing Director of Payments Information Circle, President of GACHA, and Training Manager for ACH Services at the Federal Reserve Bank. Terri has been an instructor for BankersHub for almost ten years.

Register Now Pay by Check

Auditing Your Payments and BSA/AML Program for Elder Financial Exploitation Gaps

Register Now

Today, elder financial exploitation has increased based on the significant wealth in the elder
population.  Regulatory expectations have also increased based on the impact of this type of
crime.

This session will focus on the basics of elder financial exploitation, federal rules and regulations,
specific state laws, and an outline detailing focal areas for verifying compliance with regulatory
guidance and expectations including your payments programs and BSA/AML.
Best Business Practice Document – As a best business practice take-away, this session will
include a white paper written by the speaker of this webinar on auditing a financial institution’s
elder financial exploitation program.

Topics Covered:

  • Elder Financial Exploitation exposure
  • Regulatory Guidance and Expectations
  • CFPB Guidance on Elder Financial Exploitation
  • Auditing Systems to identify elder financial exploitation
  • Reviewing Training requirements
  • Auditing first line of defense areas to identify elder financial exploitation
  • Reviewing fraud prevention plans

Who Should Attend?

  • Internal Auditors
  • Compliance Officers
  • Risk Managers
  • Deposit Operations
  • Branch Management
  • Senior Management

Pricing

$249 for Webinar and Playback*
*Playback has no expiration and may be shared internally

Dates of Event

Wednesday, April 4, 2018

  • 2:00 – 3:00 pm (Eastern Time)
  • 1:00 – 2:00 pm (Central Time)
  • 12:00 – 1:00 pm (Mountain Time)
  • 11:00 – 12:00 pm (Pacific Time)

Credits

  • 1.2 AAP Credits
  • 1.0 CPE Credits

Your Speaker(s)

Terri Sands AAP
Founder, Secura Risk Management
Terri Sands

Register Now Pay by Check

Beneficial Ownership Program Requirements: New Rule and Regulatory Expectations

Register Now

Today’s BSA/AML Program has a regulatory requirement to comply with four pillars of AML. In May 2018, this new Rule will become effective impacting how financial institutions capture information during the account opening process. The proposed new rule on beneficial ownership adds a fifth pillar requirement that will expand the current customer due diligence program. This webinar will review the new requirement, provide practical methods for complying and provide best business practices for training your front line to obtain the information without adding significant amounts of time to the new account opening process.

This session will cover:

  • Overview of Beneficial Ownership Proposed Rule
  • Best Business Practices for Training and Ongoing Internal Control Management
  • Inclusion of Beneficial Ownership into your current BSA/AML Program
  • Ongoing Training Tips for Advising Your Board of Directors on the impact of this new Rule and ongoing reporting of the effectiveness of the fifth pillar requirement

Pricing

$249 for Webinar and Playback*
*Playback has no expiration and may be shared internally. Event recorded previously.

Dates of Event

Thursday, February 8, 2018

  • 2:00 – 3:00 pm (Eastern Time)
  • 1:00 – 2:00 pm (Central Time)
  • 12:00 – 1:00 pm (Mountain Time)
  • 11:00 – 12:00 pm (Pacific Time)

Credits

  • 1.2 AAP Credits
  • 1.0 CPE Credits

Your Speaker(s)

Terri Sands AAP

Founder, Secura Risk Management

Terri Sands

Register Now Manual Invoice

Understanding the FFIEC BSA/AML Examination Manual

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With ever increasing regulatory expectations that challenge financial institutions to maintain robust BSA/AML compliance programs, it is incumbent that financial institutions understand what the regulatory landscape and expectations they face are. There have been a number of significant enforcement actions regarding significant deficiencies in BSA/AML compliance programs involving financial institutions. The best source available for financial institutions to assess their BSA/AML compliance program and to measure the program to regulatory expectations is the FFIEC BSA/AML Examination Manual. The Manual provides a roadmap to regulatory expectations, examination planning and best practices for BSA/AML compliance programs.

The current version of the FFIEC BSA/AML Examination Manual was released in December 2014. The Manual provides guidance, which is still current, regarding risk-based policies, procedures and processes for banking organizations to comply with the BSA and safeguard operations from money laundering and terrorist financing. The Manual is intended to clarify supervisory expectations and regulatory changes since the last updated manual in 2010.

This webinar will revisit the 2014 supervisory expectations and regulatory changes set forth in the 2014 Manual. The webinar will discuss each section of the FFIEC BSA/AML Examination Manual to serve as a reminder of areas where financial institutions should review their internal policies, processes and procedures for compliance. By reviewing the Manual and going through each section, this session will focus on the guidance provided to Examiners in structuring their BSA/AML examination scope and procedures to the specific risk profile of the banking organization they are reviewing.

The FFIEC Manual Consists of the following sections, which will be reviewed in this webinar:

  • Introduction
  • Core Examination Overview and Procedures for Assessing the BSA/AML Compliance Program
  • Core Examination Overview and Procedures for Regulatory Requirements and Related Topics
  • Expanded Examination Overview and Procedures for Consolidated and Other Types of BSA/AML Compliance Program Structures
  • Expanded Examination Overview and Procedures for Products and Services
  • Expanded Examination Overview and procedures for Persons and Entities
  • Appendices

Pricing

$249 for Webinar and Playback*
*Playback has no expiration and may be shared internally

Dates of Event

Wednesday, November 15, 2017

  • 2:00 – 3:00 pm (Eastern Time)
  • 1:00 – 2:00 pm (Central Time)
  • 12:00 – 1:00 pm (Mountain Time)
  • 11:00 – 12:00 pm (Pacific Time)

Credits

  • 1.2 AAP Credits
  • 1.0 CPE Credits

Your Speaker(s)

Dennis Lormel

Founder, DML Associates

Register Now Manual Invoice

Wrapping Arms Around BSA Bank Secrecy Act

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Embracing Effective Compliance Practices to Combat the Cost of Dirty Money

Understanding regulatory requirements for your BSA/AML compliance program sets the stage for a strong foundation – a foundation that must be supported by an equally strong, dynamic risk assessment process. We will take those components and discuss how they can work together to maintain a robust function that will address regulatory requirements, provide for risk mitigation and engage your Board and senior management in the process and address emerging risks. This comprehensive webinar will provide you the information and tools you need to combat the risk of your institution being exposed to dirty money and fraudulent tactics.

Important Takeaways for attendees:

  • Critical components of an effective BSA/AML Compliance Program
  • How to construct and maintain a strong, dynamic risk assessment
  • How to develop meaningful reports for your Board and senior management
  • Regulatory expectations and recently cited issues
  • Emerging BSA/AML risks and areas of focus

Pricing

$249 for Live and Playback*
*Playback has no expiration and may be shared internally

Dates of Event

Tuesday, September 12, 2017

  • 2:00 – 3:00 pm (Eastern Time)
  • 1:00 – 2:00 pm (Central Time)
  • 12:00 – 1:00 pm (Mountain Time)
  • 11:00 – 12:00 pm (Pacific Time)

Credits

  • 1.2 AAP Credits
  • 1.0 CPE Credits

Your Speaker(s)

Angela Lucas

Co-Founder and Managing Partner, Sterling Compliance LLC

Register Now Manual Invoice